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February 13, 2025 at 07:38 AM
ZTech Q3'FY25 notes - FY'25 we are sure to close around 100-110Cr in revenue and PAT of 20Cr. Q4 is always good. FY'26 can safely generate 160-180Cr revenue next year with 40-50Cr PAT Noida park expected to open in March 2nd half. Numbers are up as number of parks continue to go up significantly. Margins will continue to do well and go up as more parks are opened. Other 2 segments in Q4 especially Geotechnical set will be good. Chemical extraction segment may just meet last years numbers. Challenge is more internal in nature that we are looking to fix. More attention going to theme park segment causing challenges in Chemical segment. South region is just starting for Theme parks. Success in Gujarat and MH. 2 tenders with L1in GJ Haryana next state in North. Bihar - expecting 1st project soon. 23 projects are under construction. 154 cr total order under execution - Geo tech order (60-70cr) takes 18 months to complete. 60%V of this will get complete in FY26 which is 40Cr. Water order will get done by March and other in FY26 Theme park (35Cr) is maintenance. 10% of this is executed each other. 50-60Cr will get executed in FY26 30cr order expected to come from Theme Parks and 20Cr expected to come from water segment in FY'25 Out of 10 completed projects - 6 have maintenance rights, 4 have EPC rights. Each park can generate approximately 2-6Cr operating revenue (Ticketing) each year. Other revenues like rental etc Planning to execute 2 parks each month starting FY'26 From recent fund raise we r looking for 2 acquisition options (may take 4-5months) 1 for water and other theme park segment. Prayagraj (shivalaya park) - Big talking point. Estimated ticketing revenue in Q4 2.75Cr so far in 2months.
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